I am not as sure it is as black as you might think in the UK but there is definitely a change.
I don't think it is black..but it IS different from the historical experience (and other countries) and it will change Morgan buying patterns. My concern is that so many comments here (such as Aeroman's) suggest that it is a trend that it is getting worse.
..without any pre knowledge of Morgan residuals in the specific case of UK Aero it is no worse than similar high performance models. From the perspective of a new to Morgan Aero owner the car is more evaluated on it's real performance/comfort/looks etc. I don't think these 'new' buyers are attracted/aware of the previous residual value that Morgans achieved over the years
Excellent point! Thank you. The new owners may be unaware of the previous Morgan residual resiliency and have no problem with the present quick loss in value because that is how they were trained with other cars. I can understand that.
However, what causes weakening residuals? Is it these new buyers..as their attitudes are assimilated into the community? If that is the case, would it mostly affect the models they prefer?
I think that the trend started earlier, in the 90s, and the reasons are more basic. Will this trend stop where it has appeared or continue and spread elsewhere?
Lorne
